Warehouse & Logistics Encyclopedia
Your comprehensive guide to warehouse, logistics, and supply chain terminology. Explore over 100+ industry terms with detailed explanations and practical insights.
Freight Brokerage
A service that connects shippers with carriers to arrange the transportation of goods.
Definition
Freight brokers facilitate shipping by negotiating rates, managing shipments, and ensuring reliable carrier services for clients.
Overview
Freight brokerage acts as an intermediary between shippers and carriers, providing access to a network of transport providers and optimizing logistics costs.
Role
A service that connects shippers with carriers to arrange the transportation of goods.
Focus
Freight brokerage acts as an intermediary between shippers and carriers, providing access to a network of transport providers and optimizing logistics costs.
Example
A manufacturer hires a freight broker to arrange truckload shipments to multiple retail outlets, ensuring timely delivery and cost efficiency.
FAQs
Q: Can you give an example of Freight Brokerage?
A: A manufacturer hires a freight broker to arrange truckload shipments to multiple retail outlets, ensuring timely delivery and cost efficiency.